After BP Moved from Strategic Controls to Financial Controls

question 26

Multiple Choice

After BP moved from strategic controls to financial controls,

• A)financial controllers like John Brown rose to the top.
• B)environmental worries were completely ignored.
• C)operational managers were being asked to trade off savings that were certain against risks they thought very unlikely.
• D)the company withdrew from all risky exploration activities.

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Definitions:

Remittances

Money sent by workers to people in another country or region, typically family members, contributing to the receiving economy.

Emigrants

People who leave their country of origin to live permanently in another country.

Immigrant Workers

Immigrant workers are individuals who have moved from one country to another for the purpose of employment.

Substitute Resources

Productive inputs that can be used instead of other inputs in the production process; resources for which an increase in the price of one leads to an increase in the demand for the other.